23, CHESTNUT DRIVE, ROGIET, CALDICOT, NP26 3TH - £223,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 CHESTNUT DRIVE is a large detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £384,638. It was last sold for £223,500 in July 2014, which was around 22% below the average July 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

23 CHESTNUT DRIVE Sold Prices

Land registry data shows four sales for 23 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 23 CHESTNUT DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 11 JUL	£223,500	£285,882	22% below HPI
2005 8 JUN	£225,000	£258,941	13% below HPI
2004 13 AUG	£213,000	£246,262	14% below HPI
2001 11 MAY	£125,950	£141,929	11% below HPI

23 CHESTNUT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The four 23 CHESTNUT DRIVE sales between May 2001 and July 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 23 CHESTNUT DRIVE be worth now?

23 CHESTNUT DRIVE might now be worth an estimated £384,638.

This is based on house price inflation of 72.1%, between July 2014 and February 2025, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.1% inflationary increase is applied to the most recent sale price for 23 CHESTNUT DRIVE of £223,500 on 11th July 2014. For the value to have increased from £223,500 to £384,638 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 23 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2014 sale price of £223,500 represented a fair market value for the property.
• The size, condition, and specification of 23 CHESTNUT DRIVE has not materially changed since July 2014.

How Large is 23 CHESTNUT DRIVE?

23 CHESTNUT DRIVE is 124m² according to the EPC inspection conducted in January 2012. This puts it in the largest 30% of detached houses houses in Rogiet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rogiet, and where 23 CHESTNUT DRIVE lies on this distribution: 74% of detached houses houses are smaller than 23 CHESTNUT DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Rogiet.

23 CHESTNUT DRIVE: Plot and Title Map

23 CHESTNUT DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 23 CHESTNUT DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 23 CHESTNUT DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 23 CHESTNUT DRIVE?

23 CHESTNUT DRIVE is located in ROGIET, in the NP26 postcode district. The below map shows the position of No. 23 on CHESTNUT DRIVE.